A 22,000 sqm hardstand investment in Brisbane was sold to a fund manager on a 6.15% yeild ($14.2M). The site, with gravel surface was leased to a container storage company  at $879,000 per pa approx or about $40 per sqm per annum.

The fund manager was RF Corval. The site was serviced and had CCTV security. The sale occurred in August, 2022. Further details Rob Stanley-Turner 041898200 or rob@boxcom.com.au

Disclaimer:  As Box Commercial wasnt privay to the transaction, we have relied upon this information being provided by publications and provide it as a guide only and readers should not rely upon it for accuracy.